Dolly Technology 2024 Annual Report: Both Revenue and Profit Decline

Duoli Technology released its 2024 annual report, which showed that the company's revenue and profits both declined. In 2024, the company achieved revenue of 3.59 billion yuan, a year-on-year decrease of 8.2%, and realized a net profit of 420 million yuan attributable to the parent company, a year-on-year decrease of 14.4%, and a net profit of 400 million yuan attributable to the parent company after deducting non-recurring items, a year-on-year decrease of 16.9%. In the fourth quarter of 2024, the company achieved revenue of 1.1 billion yuan, a year-on-year decrease of 5.3%, and realized a net profit of 80 million yuan attributable to the parent company, a year-on-year decrease of 24.1%, and a net profit of 60 million yuan attributable to the parent company after deducting non-recurring items, a year-on-year decrease of 41.3%.